GBC (GIRO Bankkrtya Zrt), the Hungarian company of the SIA-SSB Group operating in the sector of card payment systems, has launched a set of innovative services for POS terminals for all acquirer banks and merchants present in the domestic market.
New service from GBC will include software development, terminal installation, service and maintenance, merchant management, a 24hr help desk and other value-added services.
The SIA-SSB subsidiary operates its own terminal management system with substantial cost saving implications for the clients by providing remote software and parameter download options into the POS terminals. In addition, the in-house POS software development activity covers the banking, mobile top-up and other value-added functions as well.
GBC’s comprehensive application will be provided to current and prospective clients in Hungary and will be extended, in the near future, also to other Central and Eastern European countries, among which Romania, Croatia, Slovenia, Slovakia and Czech Republic.
To achieve high-performance payment GBC has signed the agreement with Hypercom Corporation.
SIA-SSB reports growth in GBC’s network transactions in 2008: +18% and +5.6% for POS and ATM transactions respectively, with an outstanding rise in ATM chip card transactions to about 4.5million from 184,870 in 2007.
A remarkable increase is witnessed in the use of ATM chip cards in December 2008 compared to the same period in 2007:642,573 transactions versus 20,094.
“This complete range of services,” says Fabrizio Canedoli, CEO, GBC. “Together with the experience in supporting acquirers and merchants by making it easier for their customers to pay, allows us to provide a robust and reliable POS payment infrastructure with two main distinct benefits to acquirers and merchants, which are now able to concentrate on their respective core activities.”
“The whole value chain, in fact, is managed by just one single service provider and is also compliant with EMV standard. This is also an important step that confirms GBC as SIA-SSB Group’s terminal handlingCompetence Centre”.
L.D.